BELLEVUE, Wash.--(BUSINESS WIRE)--Voip-Pal.com Inc. (“Voip-Pal”) (OTC Pink: VPLM) a technical leader in the broadband Voice-over-Internet Protocol (“VoIP”) industry discusses its newly allowed Mobile Gateway patent. Voip-Pal believes that Mobile Gateway is a disruptive technology that will transform the mobile industry with its ability to drastically reduce roaming charges for mobile long distance calls, text messages and data.
Mobile roaming charges have become a growing concern for consumers worldwide. Juniper Research, a leading wireless analyst firm, predicts that mobile roaming will account for more than $80 billion in revenues by 2017 compared to over $46 billion in 2012. Because of these high costs, international travelers often opt to not use their mobile devices when traveling.
Utilizing Mobile Gateway technology, every international long distance cell phone call becomes a local call. The application runs stealthily in the background of any smartphone allowing the user to make international calls in the same fashion as they would make a local call. Additionally, by implementing Mobile Gateway, mobile users will have the ability to travel abroad with their mobile phone and use them normally, eliminating the need to purchase special calling plans or foreign SIM cards.
In response to the growing global problem of the high cost of roaming, the European Union has recently enacted price caps on how much a mobile carrier can charge per long distance call, text message and download. Mobile Gateway technology solves this problem by eliminating the vast majority of those charges through its implementation, whether a consumer uses their mobile device at home or abroad.
Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal stated, “With the continued positive news from the US Patent and Trademark Office regarding the VoIP-Pal.com portfolio of patented technology, the Board and management are very confident of the future success of the Company. Mobile operators, using VoIP’s Mobile Gateway and related technology, can now regain control of VoIP Internet traffic that was lost to such competitors as Skype, Vonage, Google and Truephone, which enabled subscribers to obtain free international calling. Mobile operators that choose VoIP patented technology can create their own low cost, billable, full service, quality Internet telephony over defined Internet routes that meet Telco regulations.”
About Voip-Pal.com Inc.
Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTC Pink: VPLM) incorporated in December of 1997 in the State of Nevada and headquartered in Bellevue, Washington. Voip-Pal is a technical leader in the broadband Voice-over-Internet Protocol (“VoIP”) market with the ownership and development of a portfolio of leading edge VoIP Patent Applications. Through its retail website, www.PlatinumPhone.com, Voip-Pal is also a provider of local and long-distance VoIP telephone services for next generation devices including smartphones, tablets and cell phones.
Voip-Pal’s primary products are VoIP patent application technology acquired through the acquisition of Digifonica (International) Limited, (“Digifonica”), a wholly owned subsidiary of Voip-Pal. The Company is currently developing, testing, and administrating the patent process to ultimately license or sell the patents upon issuance. The addition of Digifonica has immediately advanced Voip-Pal as a technical leader in the VoIP services market which had revenues of $63 billion in 2012 and is experiencing double digit year-over-year growth. The patent application portfolio has greatly enhanced shareholder value and is expected to contribute to significant future revenue growth for Voip-Pal.com as the number of mobile VoIP subscribers is projected to reach 410 million by 2015.
Corporate Website: www.voip-pal.com
IR inquiries: IR@voip-pal.com
IR Contact: Rich Inza (954) 495-4600
All statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.